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Vile Acts of Evil - Volume 1 - Banking in America Kindle Edition
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- ASIN : B003BEEAOE
- Publisher : Createspace; 1st edition (4 July 2009)
- Language : English
- File size : 1779 KB
- Text-to-Speech : Enabled
- Screen Reader : Supported
- Enhanced typesetting : Enabled
- X-Ray : Not Enabled
- Word Wise : Enabled
- Print length : 441 pages
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If we put all those recessions, depressions and panics in a timeframe, the resulting series is shocking : 1815-21, 1832-34, 1837-44, 1857-59, 1865-67, 1873-79, 1882-85, 1896-97, 1907, 1910, 1913, 1918, 1920-21, 1923, 1929-41, 1945, 1949, 1953, 1958, 1960-61, 1969-70, 1973-75, 1980-82, 1990, 2001-2002, and today 2008-2010.
All those depressions, recessions, and panics are not produced by an "invisible hand", but by the *expansion and contraction of the money supply*. Expansion causes the economy "to grow"; contraction causes recession. And who is behind this ? It is not an "invisible hand". It is the *central bank* that interferes with the monetary expansion and contraction.
The next question is to investigate who is behind the central bank. The author gives us a historical analysis, showing how the central banks in Europe were owned by the Rothschilds, who then set up several central banks in the US, having finally success with the Fed in 1913. Contrary to the belief of most people, the Fed is not a national bank. It is a cartel of private banks. The last time the Fed was audited was in 1983, and it was then owned by five banks : Chase, Chemical, Citibank, Manufacturers Hanover, and Morgan. Since that day, Chemical Bank bought Manufacturers Hanover in 1991; Chemical merged with Chase in 1996; and Chase merged with Morgan in 2000. The author concludes : "That means that the Fed is now controlled by JP Morgan Chase (Rothschild and Rockefeller) and Citibank (Rockefeller)."
So, the author finally solves the mystery of the "invisible hand" behind the market fluctuations that Adam Smith was unable to understand : it is definitively invisible when you don't watch very closely, but once you get a good look at it, you will see that the "movements" of the invisible hand are controlled by the Rockefellers and the Rothschilds, who grow more powerful and wealthy with each crisis they produce. (How do they do that ? Well : if you control the economy, you will always be able to sell your stock when it is most worth, and then you will have lots of money to buy all the banks and firms on the verge of failure all around you.)
If you never were able to understand economy, read this book. Economy is not about graphs and complex formulas, it is about : who controls the money supply ?
Sadly, this book could have been a masterpiece had the author kept his vituperation to himself. It would be most refreshing to see a similar work written and presented without the bias.